DISCLAIMER

Thank you for visiting AMARPRAKASH Website!

We are currently in the process of updating our Website to comply with requirements under the Real Estate (Regulation & Development) Act, 2016 (“RERA”) and the rules and regulations formulated there under. Which have been brought into effect from 1st May, 2017. While enough care is taken by the Company to ensure that information in the website is up to date, accurate and correct, readers are requested to make their independent enquiry before relying upon the same.

This website is for the purpose of guidance about our product only. It does not constitute part of an offer or contract. Design and specifications are subject to change without any prior notice. Computer generated images are the artist's impression and are an indicative of the actual designs. Further the actual design / construction may vary in fit and finish from the one displayed in the information and material displayed on this website.

By accessing and browsing AMARPRAKASH Website (the “Company”) or by using and/or downloading any content from same, you agree and accept the Terms of Use as set forth below. The Company reserves the right to add, alter or delete material from the website at any time and may, at any time, revise these terms without notifying you. The contents of this website are meant to provide information to the readers of this website about ourselves including our various projects, various initiatives taken by us, CSR activities etc. None of the images, materials, projections, details, descriptions and any other information presently available and/or displayed on the Website, shall be deemed to constitute advertisements, solicitations, marketing, offer for sale, invitation to offer or invitation to acquire any property.

They are only for general information and are subject to change. By no stretch of imagination, the information on the website shall be construed as an advertisement and/or invitation or offer for sale. You are therefore, required to make independent enquiries to verify all the details, including but not limited to area, amenities, services, terms of sales, payments and other relevant terms prior to concluding any decision for buying any unit(s) in any of our projects/ developments. Till such time the details are fully updated, the said information should not be construed as an advertisement.

You are requested to independently verify all information before taking any decision based on the information. In no event will the Company, its management, its associate companies and /or its employees be liable for claim made by the users including seeking any cancellation for any of the inaccuracies in the information provided in this website, though all efforts have to be made to ensure accuracy.

To find out more about projects/developments, please feel free to call +044 4000 5000 or visit our Corporate Office / Sales office during working hours and get in touch with authorized AMARPRAKASH sales representative.

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chennai  South & North Chennai
  • Chrompet, Pallavaram, Tambaram, Kundrathur etc.
  • Tiruvallur, Ambathur, Avadi, Kadambathur etc.
chennai  All Residential
  • Apartments / Flats, Plots
  • Individual house / gated community Villas
chennai  Sq Feet Range
  • 550 Sq ft to 2500 Sq Ft.
chennai  Bedrooms Availbale
  • 1BHK to 4BHK

Ready to Occupy Flats in Chennai Are Best For Property Investors

A Ready to Occupy Flats in Chennai is considered as low risk while compared to flats under construction, as they doesn’t involve any risks such as changes from the promised design plans, construction delays, cost increase and quality. Yet as they say, there is “No Risk” or “Return”, the ready to occupy flats comes with a price tag. A ready to occupy apartments are priced higher than the under construction properties. Generally, in prime areas you can get flats for sale in Chennai below 40 lakhs and above. This also makes us sometimes unaffordable and out of pocket. In this case, many flat buyers have started showing boredom towards under construction properties. Besides, investing on ready to occupy flats in Chennai offers various advantages than other projects that are nearing possession. Further, it can need a lot of intelligence before investing on a under construction properties by any reputed builders.

Whereas the under construction properties are priced less when compared with to buy ready to occupy flats in Chennai and, it has a short time price appreciation. While in under construction properties or projects nearing possession limits the risk of delays and changes in construction quality, but it has a good scope of long time price appreciation in the future, once the construction of the projects is completed and completely operational. Besides, a ready to occupy budget flats in Chennai for sale that are nearing its possession stage are best for property investors to buy. In addition, it is a best for someone who lives in a rental home. For instance, if you are planning to get a ready to occupy budget flats for sale in Chennai for 30 lakhs, the rental amount you pay there could be a savings on rent here.

Furthermore, if you purchase it as a rental property, the rental income can also help you to pay the instalments. Whereas, with a under construction properties, you will end up paying both EMIs and rent as well, if the home possession is delayed. In this case, you may overcome a distressed financial situation. Still, if a loan is being taken below 25 lakhs or below 25 lakhs to buy your new flats in Chennai for 25 lakhs, one should not rely a big amount to pay off your EMIs, as the property may sit empty for one or two months.

Low Risks involved in Ready to Occupy Flats in Chennai

Buying ready to occupy budgeted flats in Chennai eliminates risks joined with project fulfilment. It gives you good advantage such as, tax benefits on repayment of property loans raised to finance such property. In addition, it boosts the scope for future price appreciation as well as some savings in the form of the rents earned. With the cash broke property developers, inconstantly delaying their residential construction projects in almost all the key areas of Chennai, many home buyers, especially the customers have started preferring Chennai new apartments flats for sale or properties that are nearing its possession stage. There are few areas in Chennai, which takes an average of construction project delays is anywhere between 1 or 2 years.

Apartment for Sale in Chennai within 40 Lakhs

Some renowned property developers have less delay in their construction projects, in the range of 2 or 3 months. In few cases, the construction project delays may take more than 2 years. There is not only delay in the project delivery, but also the problem that is most of the time after waiting so long for property possession. Moreover, the complaints in the real estate segment mostly relate to delays in property delivery of an apartment that may cost within 40 lakhs or 35 lakhs. In this case, the property buyers feels that he did not get his requirement for what they paid for. In addition, the delivered product such as, independent home or flats for sale in Chennai below 40 lakhs may not being as promised by the real estate developers, at the booking time in terms of construction quality or specifications.

Above all this positive and negative side of investment while buying a ready to occupy apartments for sale in Chennai below 30 lakhs or above 30 lakhs, or a nearing possession property, a deep analysis would be considering both under construction properties and ready to occupy budget flats in Chennai for sale have their positives and negatives. Selecting between these two is entirely depends on your property requirements. If you were looking for a property that gives high return on investment, an under-construction property would be a better and flexible move.

Where to Buy Affordable Villas in Chennai?

Investing on a dream home in the core city has now become a far-fetched dream for many people.The savings are the main thing that drive every home investors to afford for their property investment.However, the escalating real estate costs inner the core city of Chennai are pushing home seekers to search in suburb parts. This generally led people to go for flats or house for sale in Chennai suburbs above 24 lakhs of price range.

The present real estate scene of Chennai is witnessing a major growth towards the fringes of the city. Thus, more and more individuals are getting the opportunities just to buy their dream home or flats starts from 13 lakhs in the peripheral areas of Chennai. Moreover, theyfeel worth living here because of affordable price tag and hassle free environment. Likewise, there are also plots on high demand in the suburbs of the city where the price range may vary.

Similarly, south Chennai has few promising neighbourhoods that offers a wide variety of affordable residential properties that starts from 34 lakhs. Apart from just flats, if you are well to afford then you could just buy a residential property in south Chennai, especially in a locality like Chrompet have seen a steep demand and high capital values.